I find year 3+ of owning is when buildings really stabilized and rents gone up, most won’t really support a refi until 3+ years especially at today’s rates unless got a crazy deal. 

In the meantime we are talking to the property manager to find other STR's in the area so we can support a fair market STR rent. 

Creative ApproachesIf the organization is hesitant about a sale, consider proposing creative terms:Seller Financing: The non-profit could retain an income stream from the property by financing the purchase.Partnership or Lease-Purchase Agreement: Offer to lease the property with an option to buy, giving them time to evaluate the relationship.Donation or Support: Consider including a donation or offering support for their mission as part of the deal.

If you find discrepancies, you can submit a rebuttal to Kiavi with supporting evidence (e.g., better comps, rent roll, market trends).

What would your do to figure a proforma that supports and offer for a profitable property?

I'll be sure to send you an email to explore this further.Thanks again for your support!

Some questions to consider:1) How much negative cashflow can your other income stream(s) support?

Emphasize that your offer is competitive and you’re ready to move now, or set a reasonable deadline for the offer to ensure the seller knows you’re serious.Use Comparables StrategicallyHave data on hand to support your position.

I realize that direct bookings don’t have the protection or support (should something come up) that these platforms provide. 

If you need assistance, I’m here to help.Best regards, Stevan Thank you very much for your support.